SWIFT/BIC code AEERITM1XXX
AEERITM1XXX belongs to Ability Real Estate S.r.l. in Milano, Italy.
Code details
| SWIFT/BIC code | AEERITM1XXX |
|---|---|
| 8-character code | AEERITM1 |
| Branch code | XXX |
| Bank | Ability Real Estate S.r.l. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Ability Real Estate S.r.l. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- AEER Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank uses BIC AEERITM1XXX?
AEERITM1XXX identifies the head office of Ability Real Estate S.r.l. in Milano, Italy. It is the code to use when a payment to Ability Real Estate S.r.l. does not need a specific branch.
What does each part of AEERITM1XXX mean?
AEER is the bank code of Ability Real Estate S.r.l., IT stands for Italy, M1 is the location code and XXX marks the main office.
Does Ability Real Estate S.r.l. use only one SWIFT/BIC code?
Yes, AEERITM1XXX is the single SWIFT/BIC code we have for Ability Real Estate S.r.l. in Italy, so there is no branch code to choose.
Is AEERITM1 and AEERITM1XXX the same code?
Yes. AEERITM1 is the 8-character version of AEERITM1XXX. XXX simply refers to the head office, so both routes your payment to Ability Real Estate S.r.l. in Milano.
How long does it take to send money to Ability Real Estate S.r.l.?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 1–3 business days.
Do I need AEERITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need AEERITM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.